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Depreciation MCQs
What is Depreciable Value?
6. What is Depreciable Value?
- The combined cost of purchase and installation of an asset can be depreciated minus its salvage value.
- The worth of a physical asset's components when the asset itself is deemed no longer usable.
- Represents the value of a company according to the stock market.
- The estimated resale value of an asset at the end of its useful life.
Answer: A) The combined cost of purchase and installation of an asset can be depreciated minus its salvage value
Explanation:
The depreciable worth of the resource is the joined expense of procurement and establishment of a resource that can be devalued shortly its rescue esteem.